Sixteenth Amendment Effective Date definition
Examples of Sixteenth Amendment Effective Date in a sentence
The submission of this Amendment to the parties or their agents or attorneys for review or signature does not constitute a commitment by Agent or Lenders to amend or otherwise modify any of the provisions of the Credit Agreement and this Amendment shall have no binding force or effect until the Sixteenth Amendment Effective Date.
The 2023 Term B Commitments shall terminate on the Sixteenth Amendment Effective Date after giving effect to the 2023 Term B Loans on such date.
The 2021 Term B Commitments shall terminate on the Sixteenth Amendment Effective Date after giving effect to the 2021 Term B Loans on such date.
Subject to the terms and conditions hereof and in the Sixteenth Amendment, each 2023 Term B Lender agrees to make a loan in Dollars (the “2023 Term B Loans”) to the Borrower on the Sixteenth Amendment Effective Date in the aggregate principal amount of such Lender’s 2023 Term B Commitment.
The term of use of the Equipment will be effective as of the Sixteenth Amendment Effective Date and will terminate 135 days from the Effective Date, unless LSI earlier terminates or extends such dates.